Latest Lorne Steinberg Wealth Management Inc. Stock Portfolio

Lorne Steinberg Wealth Management Inc. Performance:

2025 Q4: 3.89%YTD: 18.49%2024: 7.83%

Performance for 2025 Q4 is 3.89%, and YTD is 18.49%, and 2024 is 7.83%.

About Lorne Steinberg Wealth Management Inc. and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Lorne Steinberg Wealth Management Inc. reported an equity portfolio of $434.9 Millions as of 31 Dec, 2025.

The top stock holdings of Lorne Steinberg Wealth Management Inc. are , GOOG, . The fund has invested 5% of it's portfolio in ROYAL BANK OF CANADA and 4.4% of portfolio in ALPHABET INC. CLASS A.

The fund managers got completely rid off UNILEVER PLC ADR, KRAFT HEINZ COMPANY (KHC) and ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF (AAXJ) stocks. They significantly reduced their stock positions in NVIDIA (NVDA), LINDE PLC (LIN) and DIAGEO PLC ADR (DEO). Lorne Steinberg Wealth Management Inc. opened new stock positions in UNILEVER PLC ADR, KIMBERLY CLARK CORP (KMB) and ISHARES MSCI EAFE ETF (IJR). The fund showed a lot of confidence in some stocks as they added substantially to ISHARES MSCI CANADA ETF (ACWV), BROOKFIELD CORP and WAL MART STORES (WMT).

Lorne Steinberg Wealth Management Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Lorne Steinberg Wealth Management Inc. made a return of 3.89% in the last quarter. In trailing 12 months, it's portfolio return was 18.49%.

Performance
S&P 500

New Buys

Ticker	$ Bought
unilever plc adr	5,664,160
kimberly clark corp	2,497,530
fortis inc.	300,882
ishares msci eafe etf	225,190
bank of america	219,505
bhp billiton	196,806

New stocks bought by Lorne Steinberg Wealth Management Inc.

Additions

Ticker	% Inc.
ishares msci canada etf	55.57
brookfield corp	52.73
ishares msci world etf	25.79
rogers communications	23.84
cdn national railway	14.99
sun life financial inc.	7.93
tc energy corp.	6.58
wal mart stores	6.26

Additions to existing portfolio by Lorne Steinberg Wealth Management Inc.

Reductions

Ticker	% Reduced
nvidia	-31.42
linde plc	-4.59
diageo plc adr	-4.13
starbucks corp	-3.83
nike inc.cl b	-3.14
becton dickinson & co	-2.63
telus corp	-2.36
bank of nova scotia	-2.18

Lorne Steinberg Wealth Management Inc. reduced stake in above stock

Sold off

Ticker	$ Sold
kraft heinz company	-2,824,300
unilever plc adr	-5,785,490
ishares iboxx $ high yield corporate bond etf	-2,106,070
spdr bloomberg barclays high yield bond etf	-1,225,860

Lorne Steinberg Wealth Management Inc. got rid off the above stocks

Sector Distribution

Lorne Steinberg Wealth Management Inc. has about 44.7% of it's holdings in Others sector.

Sector	%
Others	44.7
Financial Services	15.7
Communication Services	10.9
Technology	9
Healthcare	7
Consumer Cyclical	6
Industrials	3.7
Basic Materials	2.2

Market Cap. Distribution

Lorne Steinberg Wealth Management Inc. has about 53% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	44.7
LARGE-CAP	30.5
MEGA-CAP	22.5
MID-CAP	2.3

Stocks belong to which Index?

About 51.1% of the stocks held by Lorne Steinberg Wealth Management Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	51.1
Others	48.9

Top 5 Winners (%)		%
LLY	eli lilly & co	40.3 %
GOOG	alphabet inc. class c	28.8 %
GOOG	alphabet inc. class a	28.7 %
VTRS	viatris inc	25.6 %
MRK	merck & company	25.4 %

Top 5 Winners ($)		$
GOOG	alphabet inc. class a	4.3 M
	royal bank of canada	3.0 M
	toronto dominion bank	2.2 M
	cdn imperial bank of commerce	2.0 M
VTRS	viatris inc	1.6 M

Top 5 Losers (%)		%
ORCL	oracle corp	-30.7 %
	brookfield corp	-28.9 %
	telus corp	-16.0 %
RCL	royal caribbean cruises	-13.8 %
OTEX	open text corp	-12.7 %

Top 5 Losers ($)		$
	brookfield corp	-3.0 M
META	meta platforms	-1.0 M
MSFT	microsoft corp	-1.0 M
	telus corp	-0.9 M
OTEX	open text corp	-0.9 M

Lorne Steinberg Wealth Management Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Lorne Steinberg Wealth Management Inc.

Lorne Steinberg Wealth Management Inc. has 72 stocks in it's portfolio. About 33.8% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Lorne Steinberg Wealth Management Inc. last quarter.

Last Reported on: 27 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc.	1.04	16,593	4,510,970	added	0.22

AAXJ	ishares iboxx $ high yield corporate bond etf	0.00	0.00	0.00	sold off	-100

ACWV	ishares msci world etf	0.30	6,911	1,283,860	added	25.79

ACWV	ishares msci canada etf	0.09	7,125	384,251	added	55.57

ADBE	adobe systems inc.	1.20	14,947	5,231,300	added	0.37

ADP	automatic data processing inc.	0.98	16,490	4,241,720	reduced	-1.17

ALL	allstate corporation	2.43	50,816	10,577,400	reduced	-0.37

AMZN	amazon.com inc	2.43	45,723	10,553,800	added	0.65

AXP	american express co.	2.76	32,394	11,984,200	reduced	-0.54

BAC	bank of america	0.05	3,991	219,505	new

BDX	becton dickinson & co	1.20	26,803	5,201,660	reduced	-2.63

BIL	spdr bloomberg barclays high yield bond etf	0.00	0.00	0.00	sold off	-100

COST	costco wholesale corp	0.09	470	405,299	added	3.07

CP	cdn pacific kc railway ltd	1.88	110,891	8,175,640	added	1.82

CSCO	cisco systems inc	1.97	111,368	8,578,680	reduced	-0.38

CTVA	corteva inc.	1.67	108,555	7,276,440	reduced	-0.22

CVS	cvs health corporation	1.99	108,924	8,644,210	added	0.07

DEO	diageo plc adr	1.11	56,000	4,831,120	reduced	-4.13

DIS	walt disney co.	1.87	71,325	8,114,640	reduced	-0.03

EA	electronic arts inc	2.32	49,295	10,072,400	added	0.07